LHX · NYSE
L3Harris
VAMPIRE C-UAS, WESCAM EO/IR, radios / C4ISR
Research score
68
Adjust weights in Scoring
Last Q revenue
n.d.
2026-08-24
Q YoY
n.d.
Backlog
n.d.
unable
Last print · Yahoo Finance spark (query1)
What it actually does
Prime C4ISR house with a real C-UAS product (VAMPIRE) and the WESCAM sensor franchise.
Not a drone OEM. Low pure-play.
Confirmed U.S. Army C-UAS production (VAMPIRE) and WESCAM sensors. Included as core C-UAS with a very low pure-play score — not as a drone OEM.
Buy-side thesis
If you want funded, fielded U.S. kinetic C-UAS without small-cap dilution, this is the public vehicle alongside RTX Coyote.
Shield AI demo is a verified integration, not a rumor.
Sell-side thesis
$106M order does not move a ~$50B company.
52-week low is near the current print ($261.55) — that's a prime multiple/budget tape, not a VAMPIRE tape.
Financial quality
High. Do not model LHX as a drone stock.
Earnings review
Use prime prints. C-UAS will not be called out every quarter.
Why the score / why it can break
Supports
- Procurement validation is above the universe median.
- Balance-sheet heat is a relative strength.
- Confirmed U.S. Army C-UAS production (VAMPIRE) and WESCAM sensors. Included as core C-UAS with a very low pure-play score — not as a drone OEM.
Risks to the score
- Immateriality
- Incomplete disclosure in this research set.
- Incomplete disclosure in this research set.
Scenarios — not a price target
| Case | P | Revenue | Margins | Dilution | Multiple | Impl. cap / px |
|---|---|---|---|---|---|---|
| bear | 25% | Prime flattish | stable | none | prime compression | n.d. / budget-cut tape |
| base | 50% | VAMPIRE ramps inside a stable prime | stable | none | in-line prime | n.d. / range-bound |
| bull | 25% | C-UAS becomes a disclosed growth vector | up | none | slight premium | n.d. / multiple expansion |
Implied prices are arithmetic from stated assumptions. They are not recommendations.